Cryptocurrency Market

  • Market Cap: $2,388,461,685,897.01
  • 24h Vol: $54,621,271,919.14
  • BTC Dominance: 56.56%

Investments

survey-shows-34.6%-of-young-investors-in-brazil-hold-cryptocurrency-in-their-portfolios

Survey Shows 34.6% of Young Investors in Brazil Hold Cryptocurrency in Their Portfolios

A survey conducted by Rico, an investment platform in Brazil, revealed young investors’ preference for cryptocurrency as an investment tool. According to the results, 34.6% of all investors aged 24 to 35 held crypto in their portfolios, making it the fourth most popular investment behind savings, fixed-income products, and stocks. Young Investors in Brazil Have […]

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payments-in-national-currencies-surge-to-92%-among-sco-members

Payments in National Currencies Surge to 92% Among SCO Members

Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen

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china-and-russia-push-for-increased-local-currency-use-in-trade,-deepen-brics-cooperation

China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation

China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to local currency use, payment infrastructure, and mutual investments, while also advancing collaboration in artificial intelligence, sustainable development, and global governance. China and Russia Strengthen

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blackrock’s-ibit-propels-us-spot-bitcoin-etfs-to-$124m-inflows-on-monday

Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday

U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT Emerges as Monday’s Sole Gainer On Monday, sosovalue.xyz stats show the 11 U.S. spot bitcoin ETFs

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paypal-upgrades-crypto-services-to-60-million-venmo-users,-allowing-transfers-to-external-wallets-and-exchanges

Paypal Upgrades Crypto Services to 60 Million Venmo Users, Allowing Transfers to External Wallets and Exchanges

After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an existing Paypal account, an external wallet, or a crypto exchange platform. Venmo Customers Can Now Transfer Cryptocurrency

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former-deutsche-bank-investment-banker-charged-with-crypto-fraud-in-us

Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank Investment Banker Arrested and Charged for Defrauding Crypto Investors Rashawn Russell, a 27-year-old

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report:-binance-us-struggles-to-secure-banking-partner-amid-regulatory-crackdown-on-crypto-industry

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say

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experts-predict-more-bank-failures-in-the-us-following-interest-rate-hike-and-unsettled-banking-crisis

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth

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nft-sales-soar-138%-in-past-week,-blur-market-dominates-this-week’s-eth-based-nft-sales

NFT Sales Soar 138% in Past Week, Blur Market Dominates This Week’s ETH-Based NFT Sales

Non-fungible token (NFT) sales have soared this past week, climbing 138.15% higher than the week before. Sales recorded between last Friday and Feb. 24, 2023, indicate that $801 million in NFT sales have been settled over the last seven days. Ethereum Digital Collectibles and Mutant Ape Yacht Club Lead NFT Sales Surge While crypto asset

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most-retail-crypto-investors-lost-money-over-the-last-7-years,-according-to-bis-analysis

Most Retail Crypto Investors Lost Money Over the Last 7 Years, According to BIS Analysis

According to data from the Bank for International Settlements (BIS), published in the latest BIS Bulletin No. 69, researchers assessed that, on average, most users lost money on their investments over the past seven years. Onchain data, metrics from exchanges, and cryptocurrency application download statistics gathered by BIS researchers suggest that most median retail crypto

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